Headline inflation rose to 4.0% in the 12 months to May, increasing the likelihood that the Reserve Bank will move interest rates higher at its next meeting.

Headline inflation rose to 4.0% in the 12 months to May, increasing the likelihood that the Reserve Bank will move interest rates higher at its next meeting.

The Money News Market Wrap Podcast is your daily snapshot of the latest market news, conveniently delivered straight to your device after the closing bells ring.

For a deeper dive into the day's biggest business news, listen to Money News every weeknight at 7:00 pm. Missed it live? Catch-up via the Money News podcast.

The Money News Market Wrap Podcast is your daily snapshot of the latest market news, conveniently delivered straight to your device after the closing bells ring.
For a deeper dive into the day's biggest business news, listen to Money News every weeknight at 7:00 pm. Missed it live? Catch-up via the Money News podcast.

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